US software company Encora Software has decided to locate its European Headquarters in Cork with the creation of up to 60 jobs over five years.
The company, which specialises in patch software and network-configuration management tools, decided to open its first office outside the US following discussions with the IDA.
"This investment by Encora is an important addition to the range of quality international services locating in the Cork area," the Tánaiste, Ms Mary Harney, said at the announcement today.
Ms Mary Buckley, Southern Area Director of the IDA, added that the expertise in UCC was one of the main reasons the company decide to locate in Cork.